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Acai Berry Market Growth 2018-2025 |Key Players Sambazon Inc., The Berry Company Limited, Acai Roots

09-24-2018 01:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Acai Berry Market Growth 2018-2025 |Key Players Sambazon Inc.,

Acai berry is a small reddish purple fruit grown on acai palm trees that are found in the tropical rainforests of the Amazon. Acai berry contains dietary fiber, carbohydrates, proteins, vitamins, and minerals. Various health benefits of acai berry includes improves cardiovascular health, regulates blood pressure, helps in weight loss, aids in digestion, prevents cancer, and boosts energy.

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Increasing consumer awareness regarding various health benefits associated with the consumption of acai berry is expected to increase the demand for acai berry in cosmetics industry coupled with increasing per capita spending on cosmetics is fueling the growth of acai berry market. According to U.S. Department of Commerce, International Trade Administration (ITA), per capita cosmetic spending in U.S., Japan and South Korea was US$ 139, US$ 174 and US$ 171 respectively in 2014.

On the basis of end-use industry, the food and beverages segment is expected to exhibit a significant growth in the acai berry market over the forecast period. Various manufacturers are focused towards launching new products, in order to expand their food and beverages product portfolio, thereby driving growth of the market. For instance, in March 2015, Sambazon Inc. launched Sambazon 100 juices with 70% less sugar compared to other premium juices with less or nearly 100 calories per bottle.

North America holds a significant position in the global acai berry market, owing to increasing prevalence of cardiovascular diseases in the region. Acai berry consists of anthocyanin that helps to prevent oxidation of cholesterol, which in turn helps to reduce buildup of plaque in the arteries. According to the Centers for Disease Control and Prevention (CDC), the most common type of heart disease is coronary heart disease that led to death of around 366,000 people in the U.S. in 2015.

Asia Pacific is expected to be the fastest growing region in the global acai berry market over the forecast period. This is owing to increasing number of pharmaceutical industries and cosmetic industries. According to the Indian Brand Equity Foundation (IBEF), pharmaceutical industry is the third-largest industry in India in terms of volume and accounted for around 20% of the global pharmaceutical industries in 2017. The pharmaceutical market is expected to increase to US$ 55 billion by 2020.

Some of the leading players operating in the global acai berry market include Sambazon Inc., The Berry Company Limited, Acai Roots, Inc., Organique Acai USA, Açaí Berry Foods, and Nossa ! Fruits SAS.

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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